Commonwealth Bank
CBA.AX
#108
Rank
$136.09 B
Marketcap
$81.33
Share price
0.02%
Change (1 day)
23.46%
Change (1 year)

The Commonwealth Bank of Australia Ltd. (abbreviated CBA or CommBank) is an Australian financial services company based in Sydney. It is the largest bank in Australia and the 45th largest bank in the world in terms of assets under management.

Commonwealth Bank (CBA.AX) - P/B ratio

P/B ratio as of May 2024 : 2.74

According to Commonwealth Bank's latest financial reports the company has a price-to-book ratio of 2.74.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Commonwealth Bank - P/B ratio (from 2001 to 2023)

P/B ratio by year

Year P/B ratio Change
2023-12-312.577.95%
2022-12-312.383.05%
2021-12-312.3118.85%
2020-12-311.94-2.25%
2019-12-311.996.46%
2018-12-311.87-10.96%
2017-12-312.10-8.9%
2016-12-312.30-5.46%
2015-12-312.43-0.18%
2014-12-312.44-9.07%
2013-12-312.6810.2%
2012-12-312.4323.44%
2011-12-311.97-25.83%
2010-12-312.66-10.52%
2009-12-312.97149.28%
2008-12-311.19-63.19%
2007-12-313.242.47%
2006-12-313.1612.86%
2005-12-312.8070.32%
2004-12-311.64-1.99%
2003-12-311.684.3%
2002-12-311.61

P/B ratio for similar companies or competitors

Company P/B ratio differencediff. Country
0.5925-78.34%๐Ÿ‡บ๐Ÿ‡ธ USA
0.8378-69.37%๐Ÿ‡ฌ๐Ÿ‡ง UK
1.34-51.15%๐Ÿ‡ฆ๐Ÿ‡บ Australia
1.81-33.82%๐Ÿ‡ฆ๐Ÿ‡บ Australia